Bloomberg Podcasts · Kroger Falls on Downbeat Forecast; Intel Surges on Apple Deal | Stock Movers

1. 1. President Trump said Apple agreed to work with Intel to design and build semiconductors in the U.S., sending Intel stock up nearly 9% in premarket trading.
2. 2. Intel stock is up 230% year to date and 460% over the trailing 12 months.
3. 3. Kroger stock fell about 8% after the company announced its largest price cut in years to compete with Walmart, Costco, and Amazon.
4. 4. Kroger's same-store sales grew 1% excluding fuel, slightly beating expectations, as shoppers prioritize basic necessities.
5. 5. Smith & Wesson stock surged nearly 15% after reporting a 27% jump in revenue, driven by new handguns and entry into hunting categories.
6. 6. Smith & Wesson reduced its debt from $80 million to $20 million over the past year, while raising prices and seeing inventory decline.